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The Bank of Russia issued an announcement on the 12th local time stating that the European Commission is studying mechanisms to directly or indirectly use Bank of Russia's assets without the Bank of Russia's consent. Furthermore, the Bank of Russia suffered losses due to the illegal actions of the European Settlement Bank. Therefore, the Bank of Russia decided to file a lawsuit with the Moscow Arbitration Court to demand compensation from the European Settlements Bank for related losses. The Bank of Russia's press service stressed that the Bank of Russia will pursue the loss of its frozen funds, securities, and anticipated earnings. The lawsuit will be submitted to the Moscow Arbitration Court through an electronic system on the 12th.

Zhitongcaijing·12/12/2025 10:41:08
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The Bank of Russia issued an announcement on the 12th local time stating that the European Commission is studying mechanisms to directly or indirectly use Bank of Russia's assets without the Bank of Russia's consent. Furthermore, the Bank of Russia suffered losses due to the illegal actions of the European Settlement Bank. Therefore, the Bank of Russia decided to file a lawsuit with the Moscow Arbitration Court to demand compensation from the European Settlements Bank for related losses. The Bank of Russia's press service stressed that the Bank of Russia will pursue the loss of its frozen funds, securities, and anticipated earnings. The lawsuit will be submitted to the Moscow Arbitration Court through an electronic system on the 12th.